logo
logo

Ai Chip Maker Kneron Raises $25M For Autonomous Driving Push

Dec 20, 2021•over 3 years ago

Amount Raised

$25 Million

San Diego

Description

AI chips, which are semiconductors designed to accelerate machine learning, have many applications. One of the promising use cases, according to Albert Liu, is using AI chips in autonomous driving vehicles.

Company Information

Company

Kneron

Location

San Diego, California, United States

About

The San Diego- and Taipei-based company has assembled a list of renowned investors, including Hong Kong tycoon Li Ka-Shing’s Horizon Ventures, Alibaba, Qualcomm, Sequoia and Foxconn, the world’s largest electronics manufacturer and Apple’s supplier. The company has been forming deep alliances with industry partners. Through the strategic investment, Kneron and Lite-On will jointly develop roadside AI boxes that will be powered by Kneron’s edge AI chips.

FundzWatch™ Score

77
Medium Activity

Buyer Intent Analysis

Get personalized insights on buying likelihood

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech